2017 will stay forever in the history of cryptocurrency world as a time of great hopes and great achievements. The growth of Bitcoin, Ethereum and other digital assets, which was observed by almost all the inhabitants of the Earth, provoked a great hype on the market and led to an ICO (Intial Coin Offering) boom.
This method of attracting investment has become one of the fastest and most effective ways of crowdfunding and very quickly began to beat one record after another. So, if at the end of 2016 the total amount of funds raised by ICOs was about $45 mln, by December 2017 the cryptocurrencies owners had financed a variety of projects worth more than $10 bln.
Look at this interactive chart to see how happened the rise of ICO campaigns.
But the laws of economics and common sense have always been more important than human greed. Many ICO projects that successfully reported about the huge money raised with the speed of a bullet flight, quickly disappeared from the scene, not forgetting to take the funds of gullible investors with them. After some particularly loud campaigns followed sanctions from regulators and world governments, who decided to take control of the situation. So, the ICOs was banned in China, was arrested or declared wanted the most “active” ICO’ conductors. Nothing new, you say! You’re right! However, blockchain technologies, developers and projects that really needed to conduct funding campaigns and who were willing to agree with relatively small amounts of investment, began to look for the new ways and new offer options. So, we turned another page of a crypto-history book and on its pages began to write a new Chapter – IEO (Initial Exchange Offering).
With the similarity of names and approaches to the investment campaign, ICO and IEO have a number of fundamental differences. And the main one is that the project that raise funds for development, uses the resources of the platform (exchange) on which it conducts an IEO. As the most reliable decentralized crypto-exchange, Deex guarantees transparency of fund raising, allowing projects to choose the conditions of campaigns and provides traders with everything necessary for convenient trading of IEO project’s tokens further. Decentralized blockchain securely stores users’ funds and eliminates the possibility of unauthorized purchases and tokens manipulation. Read more about the IEO on Deex Exchange by the following link.
The first project conducting IEO on the Deex Exchange platform has become the TECO project, which already have an experience of ICO conduction. TECO is one of the best investments offers. Its uniqueness lies in the fact that the TECO’s team is engaged in the development of real business. While virtual developers promise to do “more, higher, stronger”, not really caring about the value of their project, TECO is already building a tire recycling plant in Russia with the support of the chamber of Commerce and industry of the Russian Federation. Funding for such developments has historically been linked with government’s grant programs and budgetary resources. Officials have long studied business plans trying different ways to there an opportunity for kickbacks. Projects have been waiting funds for years, often without a luck. Modern blockchain technologies can significantly accelerate and improve investment processes. They provide an opportunity for everyone who wants to participate in the project and benefit not only themselves but also the society to become an investor in this project. And the value of TECO project is that by expanding the boundaries of the digital world, developers care about the real world which we all are live in.
Now let’s move on to how to participate in TECO IEO on the Deex Exchange platform. In the new exchange’s update, a link to the IEO market page was added.
By clicking on it you will follow to the IEO projects page. Here you’ll find a list of projects available for investment.
On the main page of the project’s company all the necessary information, including links to white paper, the official website an so is presented.
There is also a calculator that converts the currency you want to use to buy into the final number of Teco’s tokens you purchase.
In order to participate in IEO and purchase Teco’s tokens you need to log in to your exchange’ account.
Bought during the IEO TECO tokens will be credited to exchange’s accounts after the completion of crowdfunding campaign, 1st of June, 2019
You can also become the owner of TECO’s token buying them via personal investor’s account on ico-tyreco.com. It is a reliable and convenient tool for acquiring tokens using the popular cryptocurrencies.
In addition to the purchase of digital coins of the project, the personal account allows you to connect a multi-level referral program which you can use to attract other investors and make a profit from their investments. All charges are displayed in the appropriate section of the virtual cabinet.
Specially for our investors, we have made a detailed video instruction showing how to work with your personal TECO’ account (video is on Russian).
And here you can watch an interview with the founder of TECO project (video is on Russian).
We are waiting for you and looking forward to every new investor! IEO on Deex Exchange is an excellent investments and projects that bring real benefits to the entire blockchain community. In the near future the list of IEO companies will be replenished with new partners and new tokens. Stay in touch and follow our news!